Do you have principles that you live your life by? What are they?
How well do you think they will work, and why?
Part 2: my most fundamental life principles
Where I'm coming from
work taught: 1 not easy to be confident my opinions are right. 2 bad opinions are very costly. 3 the consensus is often wrong. have to be independent thinker
so: work for what i wanted, muster as much as best independent opinions.stress-tested opinions by having smartest people and challenge them find my errors.not overconfident and deal with my not knowing. wrestled with realities(consequences of my decisions) and learn, improve.
My most fundamental principles
truth - more precisely, an accurate understanding of reality - is the essential foundation of producing good outcomes
evolution, natural movement toward better adaptation. - desire to evolve, most pervasive driving force.
the laws of the universe
highly creative, goal-oritented people who are good at imaging the big picture often can easily get tripped up on the details of daily life. while a highly pragmatic, task-oriented people who are great with the details might not be creative. - people are built different
man is capable of reflecting on himself and to learn and adapt in order to improve
ego-barries - stand in the way of the progress(realize and acknowledge their weakness.)
The personal evolutionary process
reality + dreams + determination = a successful life(nothing more than getting what you want)
Your most important choices
(5 types: pain + reflection = progress, face harsh realities, achieving the goal(being good 而不是look good), make decisions on basis of multiple layers consequences, hold themselves accountable)
Your Two Yous and Your Machine
(反馈->迭代. goals, machine, outcomes with people and design )
5 Steps
Have clear goals.
Identify and don’t tolerate the problems that stand in the way of achieving your goals.
Accurately diagnose these problems.
Design plans that explicitly lay out tasks that will get you around your problems and on to your goals.
Implement these plans—i.e., do these tasks.
Relationships between steps
Weakness with solutions
hyper-realstic
hyper-truthful
Part 3: my management principles
Bridgewater’s Culture and People
individual's 5 steps still works. besides:
1 groups of people(org, company etc) must agree on the group's value and principles -> great culture
2 peoples who have the values, abilities, and skills that fit the org's culture -> great people
organization's analog to individual's five type choices and models(goal, machine, outcome with people and culture)
Summary and Table of Principles
To Get the Culture Right…
respect truth
tolerance with making mistakes and encourage to learn from it
Introduction：
Part 1: the importance of principes
Part 2: my most fundamental life principles
Part 3: my management principles
Bridgewater’s Culture and People individual's 5 steps still works. besides:
2 peoples who have the values, abilities, and skills that fit the org's culture -> great people
organization's analog to individual's five type choices and models(goal, machine, outcome with people and culture)
Summary and Table of Principles